Heart of the Keys Recreation Association Inc

Analysis

Heart of the Keys Recreation Association Inc is a registered charity in United States, based in Marathon, FL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Heart of the Keys Recreation Association Inc reported income of $130k and spending of $136k, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $129k to $130k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to August 2023, when income rose by 30%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heart of the Keys Recreation Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Tri-State Soccer Training Inc ($130k), Borussia Del Mar Inc ($130k) and Havre de Grace Youth Sailing Program ($130k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $4,722 against liabilities of $0, net assets of $4,722.